Australia’s Best Super Funds 2025

By Kylie Moss · Last updated Friday, 7 March 2025 · 1 min read

Fact Checked

Whether you've got 10, 20 or 40 years to go until retirement, having your super invested in a top performing or low fee fund could mean thousands more for you to enjoy in retirement.

Our Mozo Experts Choice Superannuation Awards^ compared 53 super funds and over 395 investment options to find the best for high performance or low fees.

And the results showed that Aussies are missing out on thousands by choosing (or staying with) a poor performing fund. As outlined in the Mozo 2024 Super Report, on a super balance of $100,000, a top performing fund could have added anywhere from $6,299 to nearly $16,000 to the account over the 5 years (depending on the investment category), compared with an average fund.

The same analysis on a $250,000 balance could have added between $16,145 and to more than a whopping $40,000!

That’s a pretty good reason to shop around, compare and consider a super switch in 2025. Check out some of the award-winning funds below.

Mozo Award-winning Super Funds

Note: Mozo may receive payment for listing the products below. Past performance is not a reliable indicator of future performance. For details about the claims made by fund providers, please refer to super funds’ websites. Important disclosures

Important disclosures

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'Mozo sort order' refers to the initial sort order and is not intended in any way to imply that particular products are better than others. You can easily change the sort order of the products displayed on the page.

We provide only general advice

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the Product Disclosure Statement (PDS) or offer documentation, or seeking independent advice. It is also advised to review Target Market Determination(TMD) of products that you are considering. The TMD can be found on the provider's website.

Fees vary depending on various factors

Super funds charge fees to cover the cost of managing your super and investments. Fees may change from time to time, and vary depending on various factors such as the type of super fund and your investment options, your account balance, the level of insurance cover, etc.

For full details of fees including how they are calculated, and the fees for each investment option, please refer to super funds’ websites or read the relevant product disclosure statement.

Vanguard

Winner of the 2025 Mozo Experts Choice Awards for Exceptional Super Fund for Gen Z and Low Fee MySuper.
Benefit from one of the lowest fees on the market^
Choose a strong performer. Vanguard Super’s flagship Lifecycle option delivered a 16.44% annual return for members aged 47 and under – that’s above the industry median^^
Smart, auto-adjusting investments with their Lifecycle investment option
Decide how your super’s invested – choose their Lifecycle investment option which automatically adjusts as you age, or take control of your super by selecting your own investments.

Go to site

While relatively new to Australia’s superannuation landscape, Vanguard Super benefits from Vanguard’s 50 years of global investment expertise. The Vanguard Group was born in 1975 as a new kind of investment firm that would put investors first. The vision was to empower individuals by making sophisticated investment strategies simple and accessible to everyone. Not surprisingly, it took off. Now, they’re directing that same attitude to super.

Learn more: Go direct to Vanguard >>

Virgin Money Super

Mozo Experts Choice Award winner for Exceptional MySuper + Low Fee MySuper 2025
Strong performing fund - 8.45% for 7 years investment returns to 30 June 2024 for birth year 1984 to 1988 (7.70% for 5 years investment returns to 30 June 2024 for birth year 1984 to 1988) for the Lifestage Tracker Option.
Earn Velocity points on contributions and any funds rolled over (T&Cs apply)
Simple super advice at no additional cost + automatic Death and Total Permanent Disablement cover

Go to site

Virgin Money Super is a retail superannuation fund available to Australians and backed by Mercer Super, who has been providing superannuation related services to Australians for over 40 years. It offers a range of investment options from a fully managed Lifestage Tracker that does the investment work for you, to a choose your own investment mix option that gives you the opportunity to invest your money where you’re most comfortable. One Velocity Frequent Flyer Point will be awarded for every $5 of Net Super contribution during the Points Earn Period and the maximum number of Velocity Points in any financial year is 250K.

Virgin Money Super also provides automatic Death and Total Permanent Disablement cover and includes additional insurance options. Members can also get simple super advice over the phone from a qualified financial adviser at no additional cost.

To learn more: Go to Virgin Super website >>

Colonial First State Super (CFS)

CFS has helped over 3 million Australians (and counting) prepare for an unaverage retirement
Focused on delivering low admin fees and strong investment performance, helping you build your retirement savings faster
Investment flexibility: Aged-based lifestage option or design your own portfolio from over 190 investment options
Named Australia's Best Super Fund in the Mozo Experts Choice Awards

Looking for a super fund that blends experience with a focus on your financial future? Colonial First State (CFS) Super has been helping Australians grow their retirement savings for over 30 years. With a wide range of investment options, CFS lets you tailor your super to suit your goals, whether you’re after a balanced approach or more growth-oriented strategies. CFS is laser focussed on providing long-term performance for its members and states its FirstChoice Wholesale Personal Super options has one of the lowest admin fees in the market.

Colonial First State also has a range of free online tools to make it stay on top of your super and learn about investment choices. CFS also has a range of accessible advice options, to meet all customer needs. CFS has engaged Viridian Advisory to facilitate the provision of one-off personal financial product advice under their Australian Financial Services License to CFS members, as an agent of CFS. CFS also provides access to low-cost digital advice through Otivo Pty Ltd and on-going comprehensive advice through a network of third-party financial advisers.

Colonia First State was named Australia's Best Super Fund in the Mozo Experts Choice Superannuation Awards.

Spaceship Super

Choice of growth or Index fund option
Simple fee structure
Digital dashboard to help you see where and how your super is invested
Mozo Experts Choice Award winner - High Growth

Spaceship Super first launched in 2017, and says that above all else it’s focussed on building long-term value for its members. This is why the fund’s options are primarily suited to people who are looking to save for retirement for at least the next 10 years, or longer. Members have a choice of the GrowthX option, which has a focus on Global technology companies, and the Global Index option which passively invests in growth assets, particularly international shares. Both options have a competitive performance track record according to Spaceship (based on annualised performance since inception) and have a simple fee structure.

Spaceship Super’s digital platform helps you to keep track of your balance, and also gives you visibility of where and how your super is invested. If you’re saving for your first home, you can also set up a first super saver account.

Winner of a Mozo Expert Choice Award for Exceptional Super in the High Growth Category.

Australian Retirement Trust

One of Australia’s largest super funds with 2.3 million members and over $280 billion in retirement savings
Profits for members
Focused on strong long term investment returns and lower fees
Exclusive member deals and discounts
Mozo Experts Choice Awards winner - Exceptional Super Growth category

The Australian Retirement Trust (ART) is one of Australia’s newest super funds formed out of the merger of Sunsuper and QSuper. ART is open to all Australians, works for members and not shareholders, which means its focus is on lower fees and better value products and services. It has a range of investment options depending on your risk appetite and lifestage and offers members rewards including exclusive discounts at retailers.

Membership also includes personal financial advice about your super accounts with them and eligible members are also provided with automatic Death and Total & Permanent Disability Assist cover. Tailored cover is also available (T&Cs apply).

ART was named a Mozo Experts Choice Superannuation Award winner for Exceptional Super in the Growth category.

Want to learn more about super topics or compare additional superfunds, head to our superannuation comparison hub!

^Mozo Experts Choice Superannuation Awards

Vanguard disclaimers:

^Independent fees and costs benchmarking conducted by Deloitte, shows Vanguard MySuper Lifecycle as one of the lowest fee MySuper products as at 1 March 2024. Deloitte has only included publicly offered APRA regulated superannuation funds. The benchmarked fees and costs reference ongoing annual fees and costs disclosed in the PDS. Other fees and costs may apply.

^^ Vanguard Lifecycle Age 47 and under annual return compared against the median return for Growth (77-90) options, SuperRatings Fund Crediting Rate survey, 2024 calendar year. Past performance is not a reliable indicator of future performance.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.